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9510 S Vermont Ave 13,500 SF Retail Building Los Angeles, CA 90044 $3,950,000 ($292.59/SF) 5.58% Cap Rate



Investment Highlights
- Hard, signalized corner at S Vermont Ave & Colden Ave
- Large corner lot with ample on-site parking
- S Vermont Ave is one of South Los Angeles’ primary north–south arterials, supporting strong daily traffic flow and consistent neighborhood demand
- Clean, modern improvements (2019 construction era for the retail building) with recent capital invested in parking and roof warranty coverage
Executive Summary
Avenue, a two-parcel, institutional-quality net-lease investment located at a signalized hard corner of
S Vermont Avenue and Colden Avenue in the heart of South Los Angeles. The property encompasses
a large ±25,542-square-foot corner lot improved with a modern ±13,171-square-foot retail building,
offering exceptional visibility, strong ingress/egress, and ample on-site parking along one of South
LA’s primary north–south corridors
The asset is anchored by Family Dollar, a nationally recognized, value-oriented retailer operating
under the Dollar Tree, Inc. platform, providing investors with corporate-backed NNN income and
limited landlord responsibilities (roof and structure only). Additional income is generated by an on-site
AT&T equipment room lease, enhancing cash-flow stability. The offering delivers a compelling 5.58%
going-in cap rate, attractive pricing metrics, and the benefit of an assumable ~4% loan, positioning the
investment favorably in today’s capital markets environment.
Strategically located within the influence of the Vermont/Manchester revitalization node, the property
benefits from powerful neighborhood and regional demand drivers , including the transformative
Evermont mixed-use development and ongoing transit investment. High daily traffic counts along S
Vermont Avenue support strong store performance and long-term tenant viability, while Inglewood’s
continued growth further elevates the broader South LA trade area.
Beyond its stable current income, 9510–9530 S Vermont Avenue offers meaningful long-term land
optionality. With C2 zoning and proximity to transit, the site may support future mix ed-use or residential
redevelopment concepts under programs such as TOC or ED1, subject to verification. This combination
of durable cash flow today and residual upside tomorrow mak es the offering a rare opportunity to
acquire a core, infill Los Angeles net-lease asset with both income security and future fle xibility.
S Vermont Avenue and Colden Avenue in the heart of South Los Angeles. The property encompasses
a large ±25,542-square-foot corner lot improved with a modern ±13,171-square-foot retail building,
offering exceptional visibility, strong ingress/egress, and ample on-site parking along one of South
LA’s primary north–south corridors
The asset is anchored by Family Dollar, a nationally recognized, value-oriented retailer operating
under the Dollar Tree, Inc. platform, providing investors with corporate-backed NNN income and
limited landlord responsibilities (roof and structure only). Additional income is generated by an on-site
AT&T equipment room lease, enhancing cash-flow stability. The offering delivers a compelling 5.58%
going-in cap rate, attractive pricing metrics, and the benefit of an assumable ~4% loan, positioning the
investment favorably in today’s capital markets environment.
Strategically located within the influence of the Vermont/Manchester revitalization node, the property
benefits from powerful neighborhood and regional demand drivers , including the transformative
Evermont mixed-use development and ongoing transit investment. High daily traffic counts along S
Vermont Avenue support strong store performance and long-term tenant viability, while Inglewood’s
continued growth further elevates the broader South LA trade area.
Beyond its stable current income, 9510–9530 S Vermont Avenue offers meaningful long-term land
optionality. With C2 zoning and proximity to transit, the site may support future mix ed-use or residential
redevelopment concepts under programs such as TOC or ED1, subject to verification. This combination
of durable cash flow today and residual upside tomorrow mak es the offering a rare opportunity to
acquire a core, infill Los Angeles net-lease asset with both income security and future fle xibility.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,500 SF
Building Class
B
Year Built
2020
Price
$3,950,000
Price Per SF
$292.59
Cap Rate
5.58%
NOI
$220,410
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.59 AC
Zoning
C2
Parking
20 Spaces (1.48 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $736,050 | |
| Land Assessment | $2,944,213 | Total Assessment | $3,680,263 |
Property Taxes
Parcel Numbers
Land Assessment
$2,944,213
Improvements Assessment
$736,050
Total Assessment
$3,680,263
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9510 S Vermont Ave
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